Trump Hotels, DLJ terminate investment talks

CarolynPritchard

SAN FRANCISCO (CBS.MW) -- Donald Trump may take his embattled Trump Hotels & Casinos
djtc
private, the company said late Wednesday. Trump Hotels and DLJ Merchant Banking Partners have ended discussions regarding a potential equity investment by DLJ in the hotel and casino company in connection with a potential restructuring of the debt securities of its subsidiaries. Trump Hotels, along with its bondholders, is now pursuing alternatives for a potential restructuring of the debt securities of its subsidiaries and a recapitalization of the company.

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